Advertisement
Canada markets close in 2 hours 41 minutes

  • S&P/TSX

    22,043.53
    +171.57 (+0.78%)
     

  • S&P 500

    5,065.38
    +54.78 (+1.09%)
     

  • DOW

    38,485.06
    +245.08 (+0.64%)
     

  • CAD/USD

    0.7319
    +0.0018 (+0.25%)
     

  • CRUDE OIL

    83.00
    +1.10 (+1.34%)
     

  • Bitcoin CAD

    91,040.04
    +343.86 (+0.38%)
     

  • CMC Crypto 200

    1,436.40
    +21.64 (+1.53%)
     

  • GOLD FUTURES

    2,342.70
    -3.70 (-0.16%)
     

  • RUSSELL 2000

    2,003.04
    +35.57 (+1.81%)
     

  • 10-Yr Bond

    4.5740
    -0.0490 (-1.06%)
     

  • NASDAQ

    15,673.53
    +222.22 (+1.44%)
     

  • VOLATILITY

    16.24
    -0.70 (-4.13%)
     

  • FTSE

    8,044.81
    +20.94 (+0.26%)
     

  • NIKKEI 225

    37,552.16
    +113.55 (+0.30%)
     

  • CAD/EUR

    0.6836
    -0.0014 (-0.20%)
     
MARKETS LIVE BLOG:

STOCKS EXTEND GAINS AS RESULTS SEASON KICKS INTO HIGH GEAR

Tech-focused investors prepare for fresh wave of earnings highlighted by struggling Tesla

Uber Expands Delivery Market to Include Groceries; Buys Cornershop

Investing.com

Investing.com - Uber (NYSE:UBER) stock jumped in midday trade on Friday after the ride-sharing company said it is buying a stake in online grocery provider Cornershop.

The Cornershop currently operates in Mexico, Chile, Canada and Peru but will allow Uber to expand its delivery service to include grocery stores.

“Whether it’s getting a ride, ordering food from your favorite restaurant, or soon, getting groceries delivered, we want {0|Uber}} to be the operating system for your everyday life,” Uber (NYSE:UBER) CEO Dara Khosrowshahi said in a statement.

No valuation was disclosed and the deal is expected to close by early 2020, pending regulatory approval.

Shares of Uber surged 4.3% to $30.10 in midday trade.

Related Articles

JPMorgan Rises 3%

DuPont Rises 4%

GM appeals directly to employees as strike losses pile up